Author Ray Wang warns that Amazon, Apple, Microsoft, Facebook and Google enjoy an insurmountable lead over traditional firms and any would-be challengers – yet their golden age is only beginning. Duopolies – in which two or three digital giants dominate entire sectors of the economy – will prevail in the decades to come, as these corporations leave mere crumbs for everyone else. Policymakers must police, or even blunt, this development, Wang argues, to check the rise of duopolies and leave room for genuine competition.
About the Author
R. “Ray” Wang leads Constellation Research, a Silicon Valley-based advisory firm that has helped more than 1,000 organizations worldwide with technology adoption, digitization and brand-building.
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